Investment Overview

Marcus & Millichap is pleased to introduced to you the MIAMI NNN RETAIL STRIP Located at 6815 Biscayne Boulevard, this retail asset is strategically positioned in the heart of Miami’s MiMo District, offering premier visibility along US-1 at a signalized intersection with over 40,000 vehicles per day. The property features dual access points, including a rare left-turn ingress, maximizing accessibility and exposure. Comprising small-bay retail units averaging 1,240 SF, all on NNN leases, the asset offers efficient utility management with tenants separately metered for water and electricity. A strong parking ratio of 5 spaces per 1,000 SF supports both tenant satisfaction and customer convenience. Several tenants operate on month-to-month leases at below-market rents, presenting a compelling value-add opportunity through lease renewals and rate adjustments. Recent capital improvements—including a new roof with a 15-year warranty and fresh exterior paint—significantly reduce near-term CapEx exposure and enhance long-term asset durability.